Newsroom | 179077 results
Sorted by: Latest
-
Genworth Financial Receives Ratings Upgrade from Moody’s
RICHMOND, Va.--(BUSINESS WIRE)--Genworth Financial Receives Ratings Upgrade from Moody’s...
-
Forza Holdings makes Series B Investment in Premium Men’s Activewear Brand Ten Thousand
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--In a bold move reaffirming its commitment to next-generation consumer brands, Forza Capital announced today that it has made an additional growth investment as part of the Series B funding round in Ten Thousand, the premium men’s activewear brand redefining performance apparel for the modern athlete. This latest investment follows Forza’s participation in the company’s $21.5M Series A round in the summer of 2022. Founded with an uncompromising focus on qu...
-
Comvest Credit Partners and Manulife Announce Agreement to Create a Leading Private Credit Asset Management Platform
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Comvest Credit Partners (“Comvest”), a leading middle market direct lending private credit manager with $14.7 billion of assets under management (AUM) on its platform, announced today that it has signed a definitive agreement with Manulife, through its Global Wealth and Asset Management segment, to sell a 75% stake in its private credit business. As part of the agreement, Manulife’s existing Senior Credit team managing $3.7 billion AUM will align with the...
-
Dream Residential REIT Reports Q2 2025 Financial Results
TORONTO--(BUSINESS WIRE)--DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U, TSX: DRR.UN) (“Dream Residential REIT” or the “REIT” or “we” or “us”) today announced its financial results for the three and six months ended June 30, 2025 (“Q2 2025”). HIGHLIGHTS Comparative properties net operating income (“comparative properties NOI”)1 was $6.4 million in Q2 2025, a 1.1% increase from Q2 2024. Net rental income was $8.2 million in Q2 2025 or $0.2 million higher than the prior year comparat...
-
Granite REIT Announces 2025 Second Quarter Results, the Closing of $49.5 Million of New Acquisitions, and the Issuance of Its 2024 Global ESG+R Report
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (TSX: GRT.UN; NYSE: GRP.U) ("Granite" or the "Trust") announced today its condensed consolidated combined results for the three and six month periods ended June 30, 2025 and also announced that it has completed the acquisition of two income-producing properties in the United States comprising approximately 0.1 million square feet at a combined purchase price of approximately $49.5 million. Further, Granite announced that today it re...
-
Innovative Industrial Properties Announces Strategic and Diversifying $270 Million Investment in Life Science Real Estate Platform
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”), announced today that it entered into agreements to make an investment totaling up to $270 million into IQHQ, Inc. (“IQHQ”), a premier life science real estate platform with over $5 billion in total assets. The investment (the “Investment,” “Transaction,” or “Investment Transaction”) is comprised of two discrete investments that together are expected to earn a weighted average interest rate...
-
BlackRock Multi-Sector Income Trust (BIT) Announces Terms of Rights Offering
NEW YORK--(BUSINESS WIRE)--BlackRock Multi-Sector Income Trust (NYSE: BIT) (the "Fund") today announced that its Board of Trustees (the "Board") has approved the terms of the issuance of transferable rights ("Rights") to the holders of the Fund's common shares of beneficial interest (par value $0.001 per share) ("Shares") as of August 19, 2025 (the "Record Date"). Holders of Rights will be entitled to subscribe for additional Shares (the "Offer") at a discount to the market price of the Shares....
-
Bitcoin-Native, Institutional Digital Asset Management Platform Parataxis Holdings to Go Public via Combination with SilverBox Corp IV
AUSTIN, Texas & NEW YORK--(BUSINESS WIRE)--Parataxis Holdings LLC (“Parataxis Holdings” or the “Company”), a preeminent, institutional digital asset management platform founded by principals of Parataxis Capital Management LLC (“PCM”), today announced it has entered into a definitive business combination agreement with SilverBox Corp IV (“SBXD”) (NYSE: SBXD), a publicly listed special purpose acquisition company sponsored by SilverBox Sponsor IV (the “Sponsor”), an affiliate of SilverBox Capita...
-
Bowhead Specialty Announces Secondary Offering of Common Stock
NEW YORK--(BUSINESS WIRE)--Bowhead Specialty Holdings Inc. (NYSE: BOW) (the “Company”, “Bowhead Specialty”, “we” or “our”) announced the launch of an underwritten secondary public offering of 2,000,000 shares of its common stock by GPC Partners Investments (SPV III) LP (“GPC Fund”). The underwriter will offer the shares from time to time for sale in negotiated transactions or otherwise, at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at neg...
-
AM Best Revises Outlooks to Negative for Heartland National Life Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Heartland National Life Insurance Company (HNL) (Indianapolis, IN). The Credit Ratings (ratings) reflect HNL’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management (ERM). The rev...